Carol Smith, an unmarried attorney. She owns several rental properties which she actively manages. Real estate is not Carol's trade or business. During the current year, Carol had a net loss of $15,375 from the rental properties. If Carol's adjusted gross income for the current year is $127,800 before accounting for the rental loss, what is the amount of Carol's allowable deduction for the rental loss and the carryforward for the current tax year? Maximum Passive Loss Phaseout or reduction based on AGI Deductible Rental Loss Carryforward Carol Smith, an unmarried attorney. She owns several rental properties which she actively manages. Real estate is not Carol's trade or business. During the current year, Carol had a net loss of $15,375 from the rental properties. If Carol's adjusted gross income for the current year is $127,800 before accounting for the rental loss, what is the amount of Carol's allowable deduction for the rental loss and the carryforward for the current tax year? Maximum Passive Loss Phaseout or reduction based on AGI Deductible Rental Loss Carryforward